Prepare journal entries to record Southgate Inc.'s transactions. Round all values to the nearest cent.

2. November 1, 2022: Accepted a $6,000, 3-month, 9% note dated this day in granting Judith Grimm a time extension on the past-due account.
4. December 31, 2022: Made an adjusting entry to record the accrued interest on the Judith Grimm note.
6. December 31, 2022: Closed the interest revenue account.
8. January 31, 2023: Judith Grimm's payment for the principal and interest from the note dated November 1 was received.
10. April 1, 2023: Southgate Inc. Accepted a note from Avery Wilson for $9,400, 4-month, 11% dated this day granting a time extension on the past-due account.
12. Determine the date that transaction (e) matures and record the entry to show the collection.

Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan).

General Journal Page GJ1DateAccount/Explanation F Debit Credit